Skip to main content

Nonprofit · EIN 41-0745441

PAUL BUNYAN RURAL TELEPHONE COOPERATIVE

Tax-exempt · BEMIDJI, MN 56601

Financials

$77.6M$76.7M2023$77.8M$76.6M2024
Revenue Expenses · by fiscal year end
Financials of PAUL BUNYAN RURAL TELEPHONE COOPERATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$77,772,539$76,627,300$1,145,239$196,528,571$44,692,796$151,835,775
December 31, 2023990$77,599,527$76,689,624$909,903$189,335,170$43,733,120$145,602,050
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$77,353,574
Investment income
$197,109
Net rental income
$221,536
Net gain from sales of assets
$80,326
Other revenue
$221,856

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$9,527,059
Compensation of officers, directors and key employees
$3,967,659
Salaries, compensation and benefits (total)
$6,797,897
Professional fundraising fees
$0
Legal fees
$26,354
Accounting fees
$1,598,043
Depreciation
$13,598,632

Balance sheet and other

Total assets, start of year
$189,335,170
Total assets, end of year
$196,528,571
Total liabilities, end of year
$44,692,796
Net assets, end of year
$151,835,775
Land, buildings and equipment
$160,019,981
Gross unrelated business income
$662,455
Gross receipts
$77,791,112
Employees
171
Volunteers
0
Year formed
1952
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GARY JOHNSONCEO & GM
Officer
40$454,434$363,336
DAVE SCHULTZCHIEF FINANCIAL OFFICER (JAN - NOV)
Officer
40$326,787$188,828
CHAD BULLOCKASST. CEO
Officer
40$272,822$76,924
STEVE HOWARDINFO, TECH & DEVELOPMENT M
Officer
40$226,838$68,914
ROBERT ST CLAIRCHIEF NETWORK OFFICER
Officer
40$219,402$66,826
CHRISTIE TURNCHIEF OPERATING OFFICER
Officer
40$211,044$65,201
LEO ANDERSONCHIEF TECHNOLOGY OFFICER
Officer
40$212,835$50,920
LISA GEERDESNETWORK TECHNOLOGY MANAGER
Highest-paid employee
40$128,056$48,352
TERRI CREWSACCOUNTING SUPERVISOR
Highest-paid employee
40$121,802$41,101
RYAN OTTINGNETWORK OPERATIONS MANAGER
Highest-paid employee
40$118,963$40,318
GRANT HIKOKDATA SERVICE REP - VIDEO
Highest-paid employee
40$115,226$31,256
CRYSTAL MATTFIELDIT SUPERVISOR
Highest-paid employee
40$116,868$24,797
CRAIG BOYERCHIEF FINANCIAL OFFICER (DEC)
Officer
40$76,683$6,560
TIM HINSTREASURER
Trustee or director, Officer
2$48,149$0
JAMES SUTTONVICE PRESIDENT
Trustee or director, Officer
2$46,801$0
6 more people on this return
NameTitleHours / weekCompensation
RANDY FRISKPRESIDENT
Trustee or director, Officer
2$42,575
TRACY MISTIC-SCHAARDIRECTOR
Trustee or director
2$42,009
BRUCE CAMPBELLSECRETARY
Trustee or director, Officer
2$39,908
BRIAN NICKLASONDIRECTOR
Trustee or director
2$34,093
GLENDA MARTINDIRECTOR
Trustee or director
2$24,174
GARY ECKLUNDPAST BOARD MEMBER
Former
2$14,859
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
GARY JOHNSONCEO & GM
Officer
40$530,374$12,152
DAVE SCHULTZCHIEF FINANCIAL OFFICER
Officer
40$305,919$9,219
ROBERT ST CLAIRNETWORK OPERATIONS MANAGER
Highest-paid employee
40$202,709$6,907
STEVE HOWARDINFO, TECH & DEVELOPMENT M
Highest-paid employee
40$198,102$6,757
LEO ANDERSON JRTECHNOLOGY EXPERIENCE MANA
Highest-paid employee
40$187,175$5,664
CHRISTIE TURNCUSTOMER SERVICE MANAGER
Highest-paid employee
40$173,468$5,383
RANDY FRISKPRESIDENT
Trustee or director, Officer
2$43,749$0
JAMES SUTTONVICE PRESIDENT
Trustee or director, Officer
2$42,838$0
TIM HINSTREASURER
Trustee or director, Officer
2$41,489$0
BRUCE CAMPBELLSECRETARY
Trustee or director, Officer
2$40,930$0
TRACY MISTIC-SCHAARDIRECTOR
Trustee or director
2$39,725$0
BRIAN NICKLASONDIRECTOR
Trustee or director
2$32,309$0
GLENDA MARTINDIRECTOR
Trustee or director
2$27,932$0
KATHLEEN PETERSONPAST DIRECTOR
Trustee or director
2$5,212$0

Address and contacts

Address (IRS master file)
1831 ANNE ST NW, BEMIDJI, MN 56601-5655
Principal officer (990 for 2024)
CRAIG BOYER, 1831 ANNE ST NW SUITE 100, BEMIDJI, MN 566015660
Signed the 990
CRAIG BOYER, CHIEF FINANCIAL OFFICER
Phone
(218) 444-1234
Return prepared by
OLSEN THIELEN & CO LTD

Mission

PROVIDE TELECOMMUNICATION SERVICES TO COOPERATIVE MEMBERS THAT IMPROVES THEIR LIVES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVISION OF TELEPHONE, INTERNET, AND CABLE TELEVISION SERVICES TO COOPERATIVE MEMBERS LIVING AND WORKING IN RURAL MINNESOTA. PAUL BUNYAN CONTINUES TO EXPAND OUR SERVICES TO RURAL AREAS THAT ARE UNSERVED AND UNDERSERVED FOR TELECOMMUNICATIONS SERVICES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-0745441
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1958
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$196,528,571
Income (IRS master file)
$77,791,112

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$77,772,539$76,627,300$196,528,571IRS
990December 2023$77,599,527$76,689,624$189,335,170XML
990December 2022$75,862,439$75,761,663$175,241,374IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0745441).

Questions about PAUL BUNYAN RURAL TELEPHONE COOPERATIVE

What is the EIN of PAUL BUNYAN RURAL TELEPHONE COOPERATIVE?
The employer identification number (EIN) of PAUL BUNYAN RURAL TELEPHONE COOPERATIVE is 41-0745441.
Is PAUL BUNYAN RURAL TELEPHONE COOPERATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1958.
Are donations to PAUL BUNYAN RURAL TELEPHONE COOPERATIVE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PAUL BUNYAN RURAL TELEPHONE COOPERATIVE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PAUL BUNYAN RURAL TELEPHONE COOPERATIVE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PAUL BUNYAN RURAL TELEPHONE COOPERATIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PAUL BUNYAN RURAL TELEPHONE COOPERATIVE?
The 990 for the year ended December 31, 2024 names CRAIG BOYER.
Who are the officers and directors of PAUL BUNYAN RURAL TELEPHONE COOPERATIVE?
The 990 for the year ended December 31, 2024 lists 21 people; 21 received compensation from the organization, the highest $454,434 (GARY JOHNSON, CEO & GM).
How much revenue does PAUL BUNYAN RURAL TELEPHONE COOPERATIVE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $77,772,539, expenses of $76,627,300 and total assets of $196,528,571 at year end.

Other nonprofits in BEMIDJI

All nonprofits in BEMIDJI · Minnesota